Tanker freight rates have rallied during the past few weeks, in the aftermath of the attacks on Saudi Arabia’s oil facilities. With production now almost reaching pre-strike levels, it seems that the tanker market is primed for a sustainable rall…
Tanker Market: Will it End 2019 With a Bang? Read More »
The escalating US-China trade war, if not settled in October as per the planned meeting between authorities of the two countries, will impact not only the Transpacific trade route, but also other major trade routes as China is the main demand driver. T…
A trade-war punch to chemical shipping Read More »
A top priority for all shipowners, operators, managers, and crews is the safety of the crew, vessel, and cargo. Data collected through global port State control (PSC) inspections indicate that deficiencies in safety equipment, procedures, and the failu…
The Marshall Islands Registry: Safe Operations = Successful Operations Read More »
Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a Lo…
Ships for Shares Deals Are Here To Stay Read More »
Capesize This week marked further considerable decline in rates for the Capesize market. While the market was tempered at the beginning of the week with a slight uptick, this ray of hope for owners was cast aside for the market to build momentum to the…
Dry Bulk Market: Capesizes Down Once More Read More »